Is It Too Late To Buy TRUMP? MAGA Price Pumps 5% And This Might Be The Next Crypto To Explode
The MAGA price surged 5% in the last 24 hours to trade at $5.065 as of 00:36 a.m. EST on trading volume that skyrocketed 37% to $17 million.
MAGA Price Aims For A Continued Rally
According to data from GeckoTerminal , the MAGA price has been in a continued surge along the rising channel pattern as the bulls capitalized on the $2.77 support to the rally. This suggests a continuation of the upward movement as long as it stays within the channel.
The price of MAGA now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the current bullish momentum.
The Relative Strength Index (RSI) is at 64.11, which is close to overbought territory (above 70). This indicates increasing buying pressure, but it’s not yet at a critical overbought level. An RSI reading in this range suggests that the price may continue upward, but traders should be cautious of a potential pullback if it crosses overbought territory.
If the current bullish trend sustains, the price of MAGA could still surge, as the bulls target $7.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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